FY21 Supplemental for the Northeast Corridor Cooperative Agreement to the National Railroad Passenger Corporation
Closed Posted
- Opportunity number
- FR-AMT-21-005
- Agency
-
Federal Railroad Administration
Department of Transportation
- Applications due
- Award size
- Up to $969,388,160
Opportunity facts
- Assistance listings
- Funding instrument
- Cooperative Agreement
- Category
-
- Transportation
- Eligible applicants
-
- Other
- Full announcement
Opportunity details come from Grants.gov. Updated .
Synopsis
Pursuant to the American Rescue Plan Act, 2021, the Federal Railroad Administration is to make available to Amtrak $969,388,160 to prevent, prepare for, and respond to coronavirus, including use of these funds to cover operating, capital and debt service repayment expenses; of which approximately $100,885,000 will be used to repay or prepay debt and the required reserves, costs and fees related to such debt; and approximately $87,844,000 to be used exclusively and directly in lieu of capital payments from state and commuter rail passenger transportation providers subject to the cost allocation policy required pursuant to Section 212 of PRIIA. These funds must be expended by September 30, 2029.
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